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Bajaj Consumer promoter offloads 22% stake to repay debt

New Delhi, Oct. 15 -- Personal care firm Bajaj Consumer Care Ltd.'s promoter group, on Tuesday, sold about 22% stake, or 3.24 crore shares, for around Rs.630 crore in a single block deal. Bajaj Consu... Read More


Bahrain's Investcorp leads funding round in fashion retailer Bewakoof

New Delhi, Oct. 13 -- Bahrain's alternative asset manager Investcorp has led an investment of about Rs.80 crore in online fashion retailer Bewakoof.com. Founded in 2011 by Prabhkiran Singh and Siddha... Read More


DP World launches accelerator platform for logistics startups

New Delhi, Oct. 11 -- DP World, a Dubai-based global port operator, on Friday, launched Log-X-- a technology accelerator platform for logistics. The accelerator platform was launched in partnership w... Read More


Bank of Baroda to merge mutual fund arm with BNP Paribas AMC

Mumbai, Oct. 11 -- State-owned lender Bank of Baroda (BoB), on Friday said that it has signed a binding agreement with BNP Paribas Asset Management Asia Ltd for a potential merger of their mutual fund... Read More


JSW Energy in talks to buy GMR Kamalanga Energy

Mumbai, Oct. 7 -- Sajjan Jindal-led JSW Energy Ltd, on Monday, said it has entered into exclusive talks with GMR Energy Ltd for buying out its thermal power plant GMR Kamalanga Energy Ltd. "Both part... Read More


Centrum credit fund eyes 500 cr corpus

Mumbai, Oct. 7 -- Centrum Alternative Investment Managers Ltd, the alternative investment arm of Centrum Group, has achieved the first close of its maiden structured credit fund at 155 crore, a top ex... Read More


Centrum arm looks to raise Rs.500 cr maiden credit fund

Mumbai, Oct. 7 -- Centrum Alternative Investment Managers Ltd, the alternative investment arm of Jaspal Bindra-led Centrum Group, has achieved the first close of its maiden structured credit fund at R... Read More


Centrum's structured credit fund eyes Rs.500 crore corpus

New Delhi, Oct. 6 -- Centrum Alternative Investment Managers Ltd, the alternative investment arm of Centrum Group, has achieved the first close of its maiden structured credit fund at Rs.155 crore, a ... Read More


No extra debt owed to VTB Capital against pledged shares, says Punit Goenka

Mumbai, Oct. 5 -- The Essel Group which is the promoter of Zee Entertainment Enterprises Ltd (ZEEL) has told its investors that none of ZEEL's shares were pledged to Russia's VTB Capital Plc, in the s... Read More


PE firm Everstone Capital hires Temasek's Vibhor Kumar Talreja

New Delhi, Oct. 4 -- India and SouthEast Asia focused private equity firm Everstone Capital, on Friday, said it hired Vibhor Kumar Talreja as a managing director to lead the firm's investments in the ... Read More